Sluggish Wage Growth Will Likely Continue, Economists Say

The February jobs report to be released tomorrow should answer analysts’ biggest question: are workers finally seeing sustained wage growth, or is low workforce participation slowing things down? Last month’s report showed 200,000 jobs added and a 4.1 percent unemployment rate. Wage growth has lagged during the recovery, finally ticking […]

NAFTA renegotiation may put jobs at risk

President Trump announced the renegotiation of the North American Free Trade Agreement [NAFTA] to congress this month. The agriculture industry will be the sector most affected, but some are hopeful that through Trump’s decision to renegotiate and not withdraw from NAFTA, a better deal will surface for Americans all around. […]

Teenage Labor Force Participation Rate Declining

Five days a week Emma Wender wakes up at 5:45 a.m. After only a few hours of sleep she’s in her parent’s car, the sun peaking over the Manhattan Bridge to the east. Wender, 18, begins her day ice skating at Sky Rink in Chelsea Piers. About an hour of […]

Unemployment Rate Hits Lowest Level In A Decade

Job growth rebounded this month after a significant dip in March, easing fears that the economy may be weakening, and the unemployment rate remained steady at its lowest level in a decade. Hiring picked up sharply in April with the Bureau of Labor Statistics reporting Friday morning that the U.S. […]

Momentum May Be Hard to Maintain in Friday’s Jobs Report

The new year started with accelerating economic growth, but the momentum is likely to have slowed in March.  The jobs report to be released Friday by the Bureau of Labor Statistics (BLS) follows a solid two-month economic boom at the start of 2017. In February alone, 236,500 nonfarm payroll jobs […]